United States

Home Equity Line of Credit Rates

Product  Line Amount* Regular APR1 Regular Rate1
Line of Credit < 80% TLTV$10,000 - $29,9999.75%Prime + 2.25%
Line of Credit < 80% TLTV$30,000 - $49,9998.75%Prime + 1.25%
Line of Credit < 80% TLTV$50,000 - $500,0007.50%Prime + 0.00%
Stated Income Line of Credit < 80% TLTV$10,000 - $29,99910.00%Prime + 2.50%
Stated Income Line of Credit < 80% TLTV$30,000 - $49,9999.00%Prime + 1.50%
Stated Income Line of Credit < 80% TLTV$50,000 - $250,0007.75%Prime + 0.25%

Rate shown is for new Home Equity Line accounts only and may change monthly without notice.


  1. Prime rate, "Prime", is the rate published in the Wall Street Journal on the first day of publication after the 10th of each calendar month. As of 2/13/06, Prime is 7.50%. In MD, regular rate for approved lines of $50,000 or more, with a TLTV <80% is Prime + 0% (currently 7.50% APR), lines from $30,000 up to $49,999, Prime + 1.25% (currently 8.75% APR), and for lines from $10,000 up to $29,999, Prime + 2.25% (currently 9.75% APR) for the life of the loan. Rates apply to lines secured by your primary residence (excluding co-ops and 3-4 family property). Higher rates may apply to lines secured by other types of owner-occupied property (i.e.: second homes), other product types (i.e.: Stated Income) or where borrower has less than 20% equity in the mortgaged property. Regular rate may vary monthly. Maximum APR is 15.9% or 5% over initial regular rate, whichever is greater. Your home equity account will be secured by a mortgage on your home. Property insurance is required. Lines are subject to credit approval, satisfaction of title and appraisal requirements. No closing costs are charged at account opening, but you may be required to reimburse us for certain fees to third parties if the account is closed within three years of opening. These fees range from $635 to $14,300. In MD, if your credit line is closed within three years of opening, you may be required to reimburse us for certain fees paid to third parties, excluding the recordation tax. Lines of credit close through HSBC Mortgage Corporation (USA). This offer does not apply to applications submitted through a mortgage broker.
  2. See your tax advisor regarding tax deductibility of interest paid on loans secured by your home.